This clip tells the story of how the company that makes Didee Snug Diapers came to be. The company founder decided early on to give up his original 100% ownership position in order to attract investors who could provide financial support.
One way to increase productivity is by improving technology. Another is through long-term investment. Research and development, capital improvements, and workforce training can all be extremely expensive and may not pay off for years. But they do ge...
This clips talks about the Small Business Innovation Research program, which provides research and development grants for prospective entrepreneurs.
Approximately ninety-six percent of research and development is carried out in the more economically advanced countries. These nations dominate innovation and the ability to transform technological breakthroughs into manufacturing processes.